GST composition scheme

Composition scheme biz to now file simplified 'self-assessed' GST return quarterly

So far, businesses opting for composition scheme had to file tax returns every quarter in GSTR-4 which ran into around seven pages.

Apr 25, 2019, 12:20 PM IST

FinMin notifies April 1 as date for availing increased GST exemption limit, composition scheme

Besides, the effective date for availing higher turnover cap of Rs 1.5 crore for availing composition scheme by traders has also been fixed as April 1.

Mar 08, 2019, 10:36 AM IST

Govt notifies 1% GST on manufacturers under composition scheme

The notification stipulates that manufacturers who have opted for composition scheme will now have to pay 1 percent Goods and Services Tax (GST) as against 2 percent earlier.

Jan 02, 2018, 20:11 PM IST

Will eating out become cheaper? GST Council to review how restaurants are taxed

Air-conditioned restaurants may get relief as the group of ministers will discuss if the GST can be brought down from 18 percent to 12 percent and submit a report in two weeks.

Oct 06, 2017, 21:43 PM IST

GSTN reopens window for composition scheme

Taxpayers were earlier given time till August 16 to opt for composition scheme.

Sep 17, 2017, 18:24 PM IST